Q Bookmarks Profiles Tab Window Help 29% Mon 8:08 PM Hannah Knowlton X A Week 5 Minc X MindTap - C X Homework X M Ugh - hanna x [Solved] Use X G The owner o X + li/evo/index.html?deploymentld=5996522321531871212453615008&elSBN=9780357131596&nb... ( * GE | MINDTAP Q Search this cour ce The owner of Showtime Movie Theaters, Inc., used multiple regression analysis to predict gross revenue (y) as a function of television advertising (1 ) and newspaper advertising (2). Values of y, 1, and 2 are expressed in thousands of dollars. Weekly Gross Television Newspaper Revenue Advertising Advertising ($1000s) ($1000s) ($1000s) 96 5.0 1.5 90 2.0 2.0 95 4.0 1.5 92 2.5 2.5 95 3.0 3.3 94 3.5 2.3 94 2.5 4.2 94 3.0 2.5 The estimated regression equation was y - 83.23 + 2.29x1 + 1.30x2 a. What is the gross revenue expected for a week where $3,500 is spent on television (x1 = 3.5) and $1,800 is spent on newspaper advertising (X2 = 1.8) (to 3 decimals)? $ thousand b. Provide a 95% prediction interval for next week's revenue, assuming that the advertising expenditures will be allocated as in part (a) (to 2 decimals) ($ thousand , $ thousand ) as tv S Aa